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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden) -- Ignore unavailable to you. Want to Upgrade?

To: Tomas who wrote (1723)	6/20/2000 7:27:00 PM
From: Tomas	Respond to of 2742

OAU urges Security Council to lift Sudan sanctions ADDIS ABABA, June 20 (Reuters) - The Organisation of African Unity (OAU) urged the U.N. Security Council on Tuesday to immediately rescind sanctions imposed on Sudan in 1996. OAU Secretary-General Salim Ahmed Salim said in a letter to the current president of the U.N. Security Council, French ambassador Jean-David Levitte, that the removal of the sanctions was an urgent matter. ``The lifting of sanctions imposed on Sudan is not only urgently called for, but would also positively contribute to efforts aimed at promoting peace, security and stability in the region,'' Salim said. Sanctions were imposed on Sudan in May 1996 after Khartoum's Islamist government failed to hand over three men wanted for a 1995 assassination attempt against Egyptian President Hosni Mubarak in Ethiopia. ...

To: Tomas who wrote (1723)	6/21/2000 6:58:00 AM
From: Tomas	Respond to of 2742

Sudan Looking For More Oil Explorers Panafrican News Agency June 20, 2000 Khartoum, Sudan (PANA) - Sudan Monday announced that it was planning to publicise three new areas for oil prospection. The energy and mining ministry said the new areas are the Blue Nile Basin, the extreme western Sudan near to the Chadian border and the Red Sea zone. The ministry's under-secretary, Hassan Mohammed Ali el Toam, said propagation for these areas will begin in July and that prospection concessions would be granted before the end of the year. "I believe the tenders will be completed before the end of the year," he said in a statement. According to the official, the ministry has received letters of interest from European, Japanese and Mediterranean oil firms, which he did not name, to prospect in those areas. Toam said the ministry also expects bids from some Asian companies once the tenders are called. The ministry has conducted an initial survey in the White and Blue Nile basins in central and northern Sudan. Toam said that more geological data on those areas was being prepared. Meanwhile, Toam has disclosed that an oil company, which he did not mention, had won a contract to prospect for oil in blocs 3 and 7 around the town of Rabak, on the White Nile, about 400 km south of Khartoum. The company will start exploration by the end of the rain season in October. Sudan started to export oil in August from its south-western Heglig field and the nearby Unity field in southern Sudan. The two fields produce 200,000 barrels of crude oil daily. A 1,160-km pipeline to the exportation terminal of Bashair on the Red Sea transports the crude. Most of the crude is sold in south- east Asia. The pipeline was constructed by a consortium of firms from Sudan, China, Malaysia and Canada. Sudan's established oil reserve stands at three billion barrels in Heglig and Unity fields, which were struck in 1982 by a US oil exploration company, Chevron. Exploitation of the reserves was held up by Sudan's long-running war in the south of the country where Christians and are fighting for self-rule from the Moslem-dominated north.